KARACHI: On Monday, April 20, 2026, gold prices in Pakistan experienced a decline, mirroring a downward trend in the global bullion market amid shifting geopolitical tensions, including Iran’s decision to avoid participating in the upcoming Islamabad talks with the United States.
As per data released by the All Pakistan Sarafa Gems and Jewelry Traders Association, the rate of 24-karat gold per tola decreased by Rs4,900 to settle at Rs501,162.
Similarly, the price of 10 grams of 24-karat gold dropped by Rs4,201 to Rs429,665.
In the international arena, gold prices fell by $49 per ounce, now priced at $4,788.
Silver also saw a decline, with the price per tola dropping by Rs145 to Rs8,417.
Market experts attributed the decline to evolving geopolitical developments and diplomatic efforts involving the United States and Iran, as tensions and negotiations continue.
Pakistan, which has been mediating dialogue between Washington and Tehran, is reportedly advocating for ongoing diplomatic engagement and a lasting ceasefire framework.
Despite this short-term volatility, analysts remain optimistic about gold’s long-term prospects, emphasizing its status as a safe-haven asset during periods of economic and geopolitical instability.